10000 results found for 'fire'

10000 results found for 'fire'
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A list of search results

  • $11 billion financing in place for giant offshore gas project

    6 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    ADNOC, in partnership with Italy’s Eni and Thailand’s PTT Exploration and Production Public Company (PTTEP), has secured a structured financing transaction of up to $11 billion (AED 40.4 billion) for its multibillion-dollar big sour gas development, which is set on becoming the world’s first project to operate with net-zero emissions.

  • Downturn in high-impact exploration: Is revival of oil & gas drilling appetite on the cards?

    2 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Given that the number of players engaged in high-impact (HI) oil and gas exploration operations has been cut in half since 2014, Westwood Global Energy, an energy market research and consultancy firm, has warned about the uncertainty surrounding new hydrocarbon search attempts, while emphasizing the need for a new wave of exploration firms to be created and for existing companies to return to drilling activities, if exploration endeavors are to increase in the future.

  • North America’s $44 billion LNG development to power Alaska’s gold mine

    8 January 2026
    Business & Finance, Business Developments & Projects, Collaboration

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has set the wheels in motion to secure a new deal for its liquefied natural gas (LNG) export development in Alaska by signing a non-binding letter of intent (LOI) with Donlin Gold, the developer of a mine with the same name owned by NOVAGOLD RESOURCES and Paulson Advisers.

  • Velesto disposes of its workover business to Enviros

    30 December 2025
    Business & Finance, Business Developments & Projects

    Velesto Malaysian Ventures, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of six premium jack-up rigs and two hydraulic work-over units, has taken steps to offload its stake in Velesto Workover Sdn Bhd (VWSB).

  • Thumbs-up for Deltamarin’s five eco-efficient vessel designs from DNV and Lloyd’s Register

    8 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Certification & Classification, Regulation & Policy, Vessels

    Finland’s marine engineering player Deltamarin has secured multiple approvals in principle (AiPs) from DNV and Lloyd’s Register (LR) for its next-generation vessel designs that come with a range of innovative concepts, including hybrid and wind-assisted propulsion solutions, enhanced safety redundancy on small chemical tankers, large-scale clean-fuel logistics, high-efficiency ethane transport, and methanol-ready capabilities for major vessel types.

  • New oilfields development project switches production mode on

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online its oilfields development project in the shallow water of the Pearl River Mouth Basin off the coast of China.

  • Evaluation coming up next to shed light on early indications of gas presence offshore Australia

    7 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has intersected gas in Waarre reservoirs during drilling activities at a well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player.

  • DOF lands work in the Atlantic, secures multi-year North America contract with Shell

    22 December 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured several new contracts in the Atlantic region, as well as a multi-year contract in the North America region for Shell. The contracts in the Atlantic region have a combined value of over $60 million, excluding optional work, and will be executed primarily using DOF‘s regional fleet during the […]

  • First of four wells in drilling campaign offshore Suriname checked off the list

    29 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petronas Suriname, a subsidiary of Malaysia’s state-owned oil and gas company Petronas, has crossed the finish line for the first in a multi-well drilling campaign off the coast of Suriname.

  • US player picks up work at Woodside’s $17.5B LNG megaproject in Pelican State

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Mistras, a New Jersey-headquartered provider of technology-enabled industrial asset integrity and testing solutions, has been hired for an assignment at a multibillion-dollar liquefied natural gas (LNG) development project in Louisiana, operated by Australia’s Woodside Energy.

  • Drilling ops with Saipem rig cleared for take-off in North Sea

    26 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norwegian authorities have given their blessing for exploration drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a semi-submersible rig owned by Saipem, an Italian engineering, drilling, and construction services giant.

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • Scottish firm expands presence in Canada with 12.5MW tidal award 

    11 November 2025
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Canadian tidal developer Eauclaire Tidal and Scottish renewable energy company Orbital Marine Power have received 12.5MW of new tidal energy licences from the Province of Nova Scotia under the 2025 tidal energy procurement process.  According to Orbital Marine Power, the award includes two 15-year power purchase contracts, along with seabed and grid connection rights at […]

  • Technip Energies lands job at Thailand’s first carbon capture and storage project

    15 December 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders

    French-based engineering company Technip Energies has secured a detailed engineering assignment for the first carbon capture and storage (CCS) project in the Gulf of Thailand.

  • $11 billion investment agenda on Gazprom’s 2026 horizon

    29 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024.

  • 2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    While multiple consolidation moves have sprung up across the offshore energy and maritime arenas over the past 12 months, some never bore fruit. Offshore Energy has selected three business combination plays, regardless of whether they were born of truth or fiction, that did not make it to the finish line despite the initial optimism and euphoria.

  • Dutch shipyard to build 24-meter autonomous wind-powered vessel

    25 December 2025
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels, Vision

    Clippership, a U.S.-headquartered company developing autonomous wind-powered ships, has signed a construction contract for its first 24-meter class zero emission autonomous wind-powered cargo vessel with Dutch shipyard KM Yachtbuilders. The vessel features twin, foldable rigid wings for primary wind propulsion, is designed for open-ocean autonomy, and has a cargo capacity of up to 75 Euro-pallets […]

  • New gas supply key to staving off shortfalls looming on Australia’s energy horizon

    2 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As Australia takes steps to up its natural gas ante, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has emphasized the importance of further exploration and production endeavors to avert potential gaps in gas supply from 2030.

  • US hands over emergency special permit to Sable Offshore

    25 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Sable Offshore, a Texas-headquartered oil and gas company, has received an emergency special permit for Santa Ynez pipeline system segments.

  • DOF scores more work with Petrobras for vessel septet

    18 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has landed seven contract extensions with Brazil’s state-owned energy giant Petrobras, which will add more than $160 million to the firm’s backlog.

  • XOCEAN wins five-year survey inspection contracts for six Dutch offshore wind farms

    3 December 2025
    Operations & Maintenance, Project & Tenders

    XOCEAN has been awarded a series of five-year contracts in the Netherlands, under which the company will deliver bathymetric survey services for six offshore wind farms. The agreements, coordinated by Eneco on behalf of the wind farm owners, are for Borssele 3&4, owned by the Blauwwind consortium; Borssele 5, owned by Two Towers; Eneco Luchterduinen; Hollandse Kust Noord, owned […]

  • Baker Hughes enhancing production at oil & gas fields in Middle East

    26 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Thanks to a deal with Kuwait Oil Company (KOC), the U.S.-headquartered energy technology giant Baker Hughes is on a mission to help boost production from oil and gas fields in Kuwait, Middle East.

  • Korean player gets hold of interest in Asian offshore block ahead of oil & gas drilling ops

    25 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    South Korea’s SK Earthon, the energy exploration and production (E&P) subsidiary of SK Innovation, has expanded its offshore acreage in Indonesian waters with a stake in a block, which is expected to see drilling activity before the year ends.

  • 15-year offtake tasks UK firm with LNG supply mission on Honduras’ Caribbean coast

    2 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based energy player Centrica has landed a multi-year liquefied natural gas (LNG) assignment in Honduras, a Central American country in the northern part of North America.

  • EIG enriches its portfolio with gas infrastructure in Peru

    23 December 2025
    Business & Finance, Business Developments & Projects

    Washington-headquartered EIG, through its managed investment vehicles, has acquired a stake from Canada Pension Plan Investment Board in Transportadora de Gas del Perú S.A. (TGP).